Commercial Property
Rebuilds the shared buildings and common elements after a covered loss, typically at replacement cost rather than depreciated value. Equipment breakdown for shared boilers, elevators and HVAC can be written alongside it.
Homeowners Association Insurance · Licensed Nationwide
HOA Insurance, Coordinated From the Clubhouse to the Boardroom.
One Insurance program for your homeowners association’s common areas, general liability, directors and officers, and association funds, placed by an independent agency licensed nationwide.
The master policy
What is an HOA master policy?
It’s your homeowners association’s own Insurance, funded through member dues and assessments rather than by any individual homeowner. A well-structured HOA master Insurance policy responds to four areas your board is responsible for.
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Common areas and amenities
Clubhouses, pools, gates, fencing, entry signs and any structures the association owns or must insure under its governing documents.
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HOA general liability
Injury and property damage claims arising from common areas, community events and the association’s day-to-day operations.
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Association funds
Reserves and operating accounts, through crime and fidelity coverage against theft or fraud by anyone who handles the money.
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Board decisions
Directors and officers (D&O) coverage for allegations over governance, rule enforcement, architectural approvals and other board decisions.
What it typically doesn’t cover is each owner’s home and belongings, which owners insure under their own policy. In some townhome communities the association insures the buildings too, and your governing documents set where that line falls.
Check my HOA master policy Free coverage review. Any broker fee disclosed before purchase.
Our standards
Why associations nationwide choose HOA Insurance Agency
An independent Insurance agency held to the rules every licensed agency follows, and to a few standards of our own that boards can check us against.
- Licensed in all 50 states and DC
- One submission, twelve appointed markets
- Compensation disclosed on every option
- Every recommendation in writing
- Nothing bound until your board chooses
- Details used only to place your coverage
Free · Fees disclosed before purchase · Non-binding indication
- 50 + DC Nationwide coverage, one-stop solution
- 12 Direct carrier appointments
- Clear Fees disclosed before purchase
- 1 day Response, within one business day
Directly appointed with
HOA Insurance Agency LLC, licensed in all 50 states and the District of Columbia.
Coverage
Key master policy coverages
Six coverages placed as one program, so the limits and deductibles agree with each other rather than being bought in isolation.
General Liability
Responds when someone is hurt on common property, and under a standard form the carrier defends the association as well.
Umbrella / Excess Liability
Sits above the primary liability limits, for the claim that exceeds them. An umbrella generally follows the underlying forms, so what the primary excludes it usually excludes too.
Directors & Officers Liability
Responds when a board member is personally named over a governance decision. Defence costs are usually the largest part of it.
Crime and Fidelity
Covers theft of association funds by an employee or volunteer, and, where the form is extended for it, by a third party. Lender guidelines commonly set a minimum limit against the funds you hold.
Ordinance or Law
Meets the extra cost of rebuilding to today's code after a covered loss, when the original construction no longer complies. It is bought in parts, each with its own limit, and matters most in older buildings.
Workers compensation and earthquake are available separately, and are quoted alongside the program where an association needs them. Carrier availability varies by state, association type and risk profile, and coverage is subject to underwriting, policy terms, and eligibility.
Review My Six Coverages See which of the six your association is missing.
What we find
Common HOA Insurance gaps we find on review
Six issues we see most often when we first review a homeowners association’s Insurance. Most are easy to miss at renewal, and each can be addressed before a claim rather than after one.
01 Underinsured common-area buildings
The limit on the clubhouse, pool buildings and other common structures was set years ago, and construction costs have risen since. A total loss would not rebuild them.
02 Outdated replacement-cost valuations
The valuation on file predates the last renewal, so every limit derived from it is out of date as well.
03 Liability limits that haven’t kept pace
General liability and umbrella limits were set when the community was smaller or had fewer amenities, and no longer reflect the association’s exposure.
04 Crime coverage that misses the manager
The crime or fidelity coverage protects board members and employees, but not the management company that handles the association’s money.
05 D&O gaps when changing carriers
A new D&O policy without matching prior-acts or retroactive-date terms can leave earlier board decisions uncovered.
06 Deductibles your reserves can’t absorb
The master policy deductible, or a percentage deductible for wind or hail, is larger than the reserves the association could draw on after a loss.
We’ll show you which of these apply to your association and put every finding in writing before your renewal.
Find my HOA’s coverage gapsWho pays
What the HOA insures, and what homeowners insure
In a homeowners association, the line between association and owner coverage depends on the type of community and what your governing documents assign to each. Here’s how it typically falls.
| Community type | The association typically insures | Common homeowner gap | Homeowner carries |
|---|---|---|---|
| Single-family HOA | Common areas, amenities, general liability, D&O and crime | The homes themselves; each owner insures their own house and belongings | Most |
| Townhome HOA, owner-insured buildings | Common areas and, under some governing documents, shared roofs or exteriors | Interiors, plus any exteriors the documents assign to owners even when the HOA maintains them | Some |
| Townhome HOA, association-insured buildings | Building structures, exteriors and common areas | Interiors, owner improvements, belongings and personal liability | Least |
The deductible
When a covered loss hits association property, the HOA generally pays the deductible first, usually from its operating budget or reserves. Some governing documents may allow part of it to be passed to an owner whose property or actions caused the loss.
Special assessments
If a loss exceeds the association’s coverage or reserves, the board may levy a special assessment on owners. Many homeowners policies include limited loss assessment coverage that may respond, subject to its own terms and limit.
Many boards aren’t sure exactly where their association’s responsibility ends. Your governing documents spell it out, and we map it against your HOA Insurance on every review.
Map my HOA’s coverageWho we serve
Who we work with
Four groups, each needing something different from the same placement. Licensed in all 50 states and the District of Columbia.
Boards & trustees
Request a board review >Property managers
Talk to us about a portfolio >Developers & sponsors
Discuss a new project >Unit owners
Get HO-6 coverage > Request Insurance Review Free review, no obligation. Any broker fee disclosed before purchase.
Questions
Frequently Asked Questions
What is the difference between an HOA master policy and an HO-6?
The master policy is the association's Insurance and generally addresses shared buildings, common elements, association liability and other association exposures. An HO-6 can cover belongings, personal liability, loss assessment and portions of a unit outside the master policy. The boundary depends on the master-policy form, governing documents, applicable law and endorsements.
Who pays for the HOA master policy?
The association purchases the master policy and generally funds its premium through member assessments. The association is the named insured; claim procedures depend on the policy and the loss. An owner's HO-6 is a separate policy paid for by that owner.
What should a board review at renewal?
Building valuation and limit adequacy, the deductible structure including any per-unit deductible, ordinance or law limits, general liability, umbrella, D&O, and the fidelity bond limit against the funds held. We review each of these and set out the findings in writing.
Contact Us Today
sales@ProtectMyHOA.com
New business and quote requests
New business and quote requests
HOA Insurance Agency LLC
420 Lakeside Ave, Suite 202
Marlborough, MA 01752
420 Lakeside Ave, Suite 202
Marlborough, MA 01752
Claims and urgent matters
Claims go to insurance@ProtectMyHOA.com, the mailbox for general enquiries, service and claims. Notifying us does not replace any notice your policy requires you to give the carrier. If a deadline is close, call rather than email.